Yum! Brands, Inc. (YUM)
Yum! Brands franchisee checks see Taco Bell comps top expectations, says Loop
Loop Capital analyst Alton Stump keeps a Hold rating and $140 price target on Yum! Brands while noting that the firm's Taco Bell U.S. franchisee checks indicate that same-store sales growth came in well ahead of expectations. The firm's latest conversions with U.S. Taco Bell franchisees suggest same-store sales were up 7%-8% in Q4, including a modest acceleration from about 7% during the first half of Q4 to about 8% during the back half of the quarter, which implies comps meaningfully exceeded Loops's prior estimate for 5% growth in Q4 and consensus at up 4%, the analyst tells investors in a research note.
Yum! Brands Nears Golden Cross As Investors Look For Bullish Signs
Yum! Brands Inc. YUM, the parent company of KFC, Pizza Hut and Taco Bell, is nearing a potential Golden Cross , a bullish technical indicator that could signal a turnaround for the stock.
Yum! Brands Is A Hearty Meal For Investors
Yum! Brands, Inc. shows resilience with strong performance from KFC and Taco Bell, despite Pizza Hut's drag on revenues. YUM's solid business model, high liquidity, and low operating costs from franchising support its stability and growth potential. The stock is undervalued with a P/E of 24.76 and a DCF target price of $172.76, offering significant upside potential.
Pick Chipotle Over Yum! Brands
We believe that Chipotle Mexican Grill stock (NYSE: CMG) is a better pick than its industry peer – Yum! Brands (NYSE: YUM).
Why Is Yum (YUM) Up 2.8% Since Last Earnings Report?
Yum (YUM) reported earnings 30 days ago. What's next for the stock?
Yum! Brands: Facing Temporary Headwinds
Weakening consumer health and Middle East-related blowback is leading to a relatively soft year for Yum! Brands. System sales were up just 1% over the first nine months, well below the 7% growth that management targets over the long run. Taco Bell and KFC remain in good health. Store closures will hit unit growth this year, but underlying demand from franchisees remains strong.
Yum Brands: AI-Powered Marketing Campaigns Boost Customer Engagement
In early, limited pilots of artificial intelligence (AI)-powered marketing campaigns, quick-service restaurant (QSR) company Yum Brands reportedly is seeing double-digit increases in customer engagement compared to traditional digital marketing campaigns.
Yum! Brands Misses Q3 Sales As Analysts See Risk Of More Store Closures From Middle East Tensions
Shares of Yum! Brands, Inc. YUM tanked in early trading on Wednesday, after the company reported downbeat third-quarter earnings.
Yum! Brands Leverages Voice AI and Data for Personalized Service
In its Q3 earnings call on Tuesday (Nov. 5), Yum! Brands pointed to the more than 2 million orders through voice AI at its Taco Bell restaurants as an example of how its brands use tech to reach consumers.
YUM! Brands' Q3 Earnings & Revenues Lag, Worldwide Comps Decline
YUM's third-quarter 2024 results reflect increased contributions from the KFC and Taco Bell divisions amid high costs and expenses.
Strong Sales at Taco Bell Help Lift Shares of Yum! Brands
Shares of Yum! Brands (YUM) advanced as the restaurant chain operator got a boost from its Taco Bell franchise.
Yum! Brands, Inc. (YUM) Q3 2024 Earnings Call Transcript
Yum! Brands, Inc. (NYSE:YUM ) Q3 2024 Earnings Conference Call November 5, 2024 7:45 AM ET Company Participants Matt Morris - Head, Investor Relations David Gibbs - CEO Chris Turner - CFO Conference Call Participants Gregory Francfort - Guggenheim Securities Brian Bittner - Oppenheimer Jon Tower - Citi Dennis Geiger - UBS David Palmer - Evercore ISI John Ivankoe - JPMorgan David Tarantino - Baird Operator Welcome, everyone, to the Yum! Brands 2024 Third Quarter Earnings Call.
